Material loss is a significant problem at any construction site. This is especially true if you have to manage a construction site remotely. Workers leaving your materials exposed and security concerns can cause damage to your inventory. Although these losses and damages may seem small daily, they can significantly impact your profit margins over time. Poor onsite material management can lead to high costs. Your crew will also spend less time doing the job they were hired for, as they won’t know where your materials are. Even worse, project managers often reorder materials they cannot find, leading to significant cost overruns.
Optimizing your onsite inventory management will help reduce material loss, damage, and productivity and increase your profit margins. This could include renting fencing to protect your materials or hiring a security guard to decrease after-hours theft rates. You can also designate workers to track your orders and assign them to specific tasks, depending on the scope of your project. Tread’s technology construction material suppliers makes it easy and stress-free to deliver construction materials. Tread eliminates the need for endless spreadsheets or complicated whiteboards, making tracking down materials straightforward.
Collaboration with multiple dispatchers or suppliers in the construction industry is simple with Tread. Tread lets you send, receive, and track driver responses in real-time. This means you and your workers won’t be left wondering where your supplies are. So you can plan your projects more efficiently, reduce downtime, and ensure your profit margins are higher by knowing when your orders will arrive.
While you may be able to store some materials, it is possible to start as a distributor of sustainable materials. To store and stage orders, you will need a warehouse. If you are shipping large items such as steel beams or fully-built trusses, you will need a couple of flatbed semis and delivery trucks. A logistics office will be required to handle deliveries and receipts. You may need to expand your warehouse space and the number of delivery vehicles. Many sustainable building supply houses are in the business of reclaiming items removed from buildings. Reselling seasoned lumber, stone, and metal materials can provide another source of income and help close the waste loop.
Many types of insurance policies are available for businesses of different sizes and with additional risks. General Liability Insurance is a good option if you aren’t sure what risks your business might face. General Liability Insurance is the most commonly used coverage for small businesses. It’s an excellent place to start. Advertising Opportunities for your business should be found in similar venues. Commercial and residential construction industries still read magazines and newspapers about their companies. Print ads are effective if you have the money.
Although social media and websites are more effective than online forums, they may not reach your target audience. You can also flood your pages with testimonials and pictures of the products that you sell.